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Property and equipment (Tables)
9 Months Ended
Sep. 30, 2016
Property and equipment  
Schedule of property and equipment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

As of

 

As of

 

 

useful life

 

September 30,

 

December 31,

 

 

(in years)

 

2016

 

2015

Equipment

 

2

-

7

 

$

1,008,798

    

$

958,175

Computer hardware

 

3

-

5

 

 

3,409,750

 

 

3,266,233

Furniture and fixtures

 

5

-

7

 

 

227,851

 

 

192,565

Leasehold improvements

 

3

-

10

 

 

786,637

 

 

746,336

Total property and equipment, gross

 

 

 

 

 

 

5,433,036

 

 

5,163,309

Less: Accumulated depreciation and amortization

 

 

 

 

 

 

(4,111,694)

 

 

(3,351,690)

Property and equipment, net

 

 

 

 

 

$

1,321,342

 

$

1,811,619

 

Schedule of property and equipment depreciation and amortization expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2016

 

2015

    

2016

    

2015

Depreciation and amortization expense

 

$

328,181

    

$

164,538

 

$

768,740

 

$

489,010